Brevard County Housing Report August 2018
Brevard County/Space Coast Residential Report
A quick recap of the Brevard County Residential Report for August 2018:
- Closed Sales are up 0.8% for August 2018 in which the number of units closed was 969 compared to 961 in August 2017, with a decrease in cash sales of -3.9% compared to August 2017.
- New Pending Sales are down -10.2% and New Listings are up 13.4%.
- The Median Sales Price for Brevard Single Family homes is up 5.6% to $235,000 compared to a year ago, which was $222,500.
- Months Supply of Inventory is up 22.2% to 3.3 months, an increase from 2.7 months in 2017.
- Traditional Sales are up 2.9%, with a median sales price of $237,500.
- Foreclosure/REO Sales are down -37.8%, with a median sales price of $130,200.
- Short Sale Closings are down -62.5%, with a median sales price of $170,000.
For a detailed Single Family statistic report,please click HERE
A quick recap of the Brevard County Townhouses/Condos for August 2018:
- Closed Sales are up 2.1% for August 2018 in which the number of units closed was 245 compared to 240 in August 2017, with an increase in cash sales of 4.3% compared to August 2017.
- New Pending Sales are down -4.1% and New Listings are up 11.6%.
- Median Sales Price for Townhomes/Condos is up 17.6% to $180,000 compared to a year ago, which was $153,125.
- Months Supply of Inventory has increased to 3.5 months in August 2018 from 3.4 months in August 2017.
- Traditional Sales are up 4.8%, with a median sales price of $184,500.
- Foreclosure/REO Sales are down -62.5% with a median sales price of $115,000.
- Short Sale Closings are down -50% with a median sales price of $180,000.
For a detailed Townhome/Condo statistic report,please click HERE
Source: Florida REALTORS